Delos™ and Sino-Ocean Land Expand Partnership to Advance Health and Wellness in the Built Environment in China
New York, New York (April 1, 2016) – Today, Delos™, a U.S.-based wellness real estate and technology firm, and Chinese real estate company Sino-Ocean Land announced the next step in their strategic partnership to advance healthy building in China. Building upon Sino-Ocean Land’s long-term commitment to the WELL Building Standard™ (WELL), the company has committed to pursue WELL Certification for over 26 million square feet (2.5 million square meters) of building projects in their portfolio over a five-year period, expanding their commitment to WELL beyond Southern China to include projects across the country.
The Chairman of Sino-Ocean Land, Ming Li, has also joined the Delos Advisory Board to provide strategic advice and recommendations to help guide the growth of healthy building in China.
Sino-Ocean Land and Delos first announced their partnership in December 2015, pledging to promote health and wellness in China by transforming indoor environments, where we spend more than 90 percent of our time, into spaces that help nurture, sustain and promote human health and well-being through a commitment to WELL. Pioneered by Delos, WELL is the world’s first building standard focused exclusively on human health and wellness, marrying best practices in design and construction with evidence-based medical and scientific research to harness the built environment as a vehicle to support human health and well-being.
“Sino-Ocean Land is one of China’s largest developers and is admired across the industry for its forward-thinking development philosophy,” said Delos Founder and CEO Paul Scialla. “Their commitment to pursue WELL Certification for 25 million square feet of building projects will be a monumental step for the expansion of WELL in China.”
In December 2015, Sino-Ocean Land announced its Yuanyang Tianjiao project as the first mixed-use complex registered to pursue WELL Certification in China, leading efforts to elevate human health to the forefront of Chinese building practices. With additional projects in Guangzhou, Beijing and other major Chinese cities, including a prestige business and financial project located in Beijing’s Central Business District， now registered, the company has enrolled a total of four million square feet of building projects to date.
“Our Yuanyang Tianjiao project prompted an overwhelming response from the market,” said Li. “The success of our initial WELL projects demonstrates the tremendous demand for health and wellness-centered human habitats, which underscores Sino-Ocean’s ultimate commitment and development philosophy. I am proud of the leading role Sino-Ocean Land has taken to promote this internationally acknowledged standard in China.”
As part of the expanded partnership, Delos and Sino-Ocean Land will collaborate to localize WELL for China in order to support its expansion in the country beyond Sino-Ocean Land’s own building projects.
WELL is an evidence and performance-based system for measuring, certifying and monitoring features that impact human health and well-being in the built environment, through air, water, nourishment, light, fitness, comfort and mind. Green Business Certification Inc. (GBCI) provides third-party certification for WELL. To date, the program has enrolled over 30 million square feet of building projects in 14 countries.
As the pioneer of Wellness Real Estate™, Delos is transforming our homes, offices, schools, and other indoor environments by placing health and wellness at the center of design and construction decisions. Delos helps create spaces that actively contribute to human health, performance and well-being by marrying the best innovations in technology, health, science, and real estate. The Delos platform includes programming, consulting, research, and an array of innovative products and technologies that research suggests may improve occupant well-being. More information on Delos is available at www.delos.com.
About Sino-Ocean Land
Founded in 1993, Sino-Ocean Land was listed on the Main Board of the Hong Kong Stock Exchange on September 28, 2007 and has become one of the top ten Mainland real estate companies listed in Hong Kong. In March 2008 Sino-Ocean Land was selected as a constituent of the Hang Seng Hong Kong Composite Index and the Hang Seng China-Affiliated Corp Index. The Company is mainly engaged in the development of mid to high-end residential properties, premium office buildings, retail properties and serviced apartments; the sale of real estate and related business, landscaping, property management and hotels and club operation. Based in Beijing, Sino-Ocean Land boasts a multi-regional and diversified portfolio of both development and investment properties. Sino-Ocean Land sold nearly 194 million, 248 million and 291 million square feet of real estate in 2010, 2011 and 2012, respectively.